Epic Research

Monday, January 14, 2013

Epic Update : Crompton Greaves

Crompton Greaves has entered into a definitive agreement with the Himachal-Pradesh based Karma Industries to acquire its Compact Fluorescent Lamps (CFL) business, the manufacturing unit of which is based in Baddi, Himachal Pradesh, are dedicated to manufacturing CFL products. The approximate value of the acquisition is Rs 14.5 crore.

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